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Yelp posted a 69% year-over-year revenue gain in the second quarter and pushed forward with food delivery, restaurant reservations and deeper inroads into Europe. The company's mobile application has 10.4 million active users each month and has fueled enough growth for Yelp to consider launching in Latin America, said CEO Jeremy Stoppelman in this interview.

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Yelp has announced that it's eliminating its display advertising business by the end of 2015 and will focus instead on native and local advertising. "The industry trend toward increasingly disruptive display advertising is at odds with our focus on the consumer experience, particularly within [our mobile] app," said Jeremy Stoppelman, CEO and founder.

Yelp is going head to head with GrubHub after acquiring food-ordering startup Eat24. Yelp CEO Jeremy Stoppelman said mobile food ordering remains a developing field and, "the acquisition of Eat24 will allow us to build a better, more seamless ordering experience for consumers that we can grow through 2015 and beyond."

Yelp is joining other online giants such as OpenTable and Google in the field of mobile restaurant bookings with a free Yelp Reservations service. Restaurants can sign up for the service by claiming their Yelp page, and they can manage the free system through Yelp's business owner account service.

Yelp's international push, including recent expansion into Brazil and Singapore, is getting a big lift from consumers' quick adoption of smartphones, with close to half of traffic now originating from mobile devices, said Yelp CEO Jeremy Stoppelman. "Over the coming years, you can probably expect that it will keep nudging up as more and more turn to their mobile phones and less and less on their desktop computers," Stoppelman said.

Dunkin' Donuts has upped its mobile payments game over the past year and increased its payment application downloads by 3.5 million through several methods including a Twitter contest aimed at boosting awareness of the app's store-locator feature.